Walmart Slides After Earnings

Walmart Slides After Earnings

Despite solid earnings results this morning shares of mega retailer Walmart are under extreme pressure.  The stock is off over 2.5% in the early going after opening the session with a nice gain.  This extends $WMT’s pullback from Monday’s spike high to...
Wal-Mart Update

Wal-Mart Update

$WMT is filling a major post earnings breakdown gap($102.00)today.  Back on February 20 the stock marked its biggest one day loss(-10%)since Oct. 14, 2015.  By early May $WMT had extended its post Feb. 16th drop to over 22%.  After consolidating for eight weeks $WMT...
Out Of Favor

Out Of Favor

Consumer Staples… XLP(Select Sector Consumer Staples)Top 5 Holdings: PG:   12% KO:   10.5% PEP:  9% PM:   8% WMT:  7.8% An interesting shopping list.  Hat tip Bespoke...